Civic Intelligence

Taliesin Nexus

EIN 27-4737588 • 501(c)3 • Los Angeles, CA

Profile

to promote assistance, charity, and education among the general public regarding film, filmmaking, documentaries and other media, and through workshops, training programs, networking, grants and a variety of other means, and to increase diversity in the filmmaking community and in the culture by promoting and training a more varied group of new filmmakers and other shapers of American culture, giving expression and an outlet to their multiple viewpoints and opinions.

3328 Oakhurst Avenue 204Los Angeles, CA 90034

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

7th percentile

-178%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-98%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $23,556 (-100%) from 2021

Liabilities

Down

$0

Down $915 (-100%) from 2021

Net Assets

Down

$0

Down $22,641 (-100%) from 2021

Revenue

Down

$12,733

Down $568,861 (-98%) from 2021

Expenses

Down

$35,374

Down $1,265,015 (-97%) from 2021

Net Income

Up

-$22,641

Up $696,154 (+97%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2014: $9,415Net Assets 2014: $9,4152014Assets 2015: $256,725Liabilities 2015: $336,841Net Assets 2015: -$80,1162015Assets 2016: $227,188Liabilities 2016: $213,020Net Assets 2016: $14,1682016Assets 2017: $512,025Liabilities 2017: $225,044Net Assets 2017: $286,9812017Assets 2018: $970,499Liabilities 2018: $246,457Net Assets 2018: $724,0422018Assets 2020: $755,535Liabilities 2020: $14,099Net Assets 2020: $741,4362020Assets 2021: $23,556Liabilities 2021: $915Net Assets 2021: $22,6412021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $197,771Expenses 2014: $278,849Net Income 2014: -$81,0782014Revenue 2015: $547,429Expenses 2015: $638,630Net Income 2015: -$91,2012015Revenue 2016: $793,629Expenses 2016: $698,496Net Income 2016: $95,1332016Revenue 2017: $1,109,745Expenses 2017: $836,932Net Income 2017: $272,8132017Revenue 2018: $1,485,538Expenses 2018: $1,048,477Net Income 2018: $437,0612018Revenue 2020: $2,055,054Expenses 2020: $1,521,419Net Income 2020: $533,6352020Revenue 2021: $581,594Expenses 2021: $1,300,389Net Income 2021: -$718,7952021Revenue 2022: $12,733Expenses 2022: $35,374Net Income 2022: -$22,6412022

Highlighted filing

2022

Revenue$12,733
Expenses$35,374
Net Income-$22,641

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$547,429
Mission and Program Overview

Mission

To promote assistance, charity, and education among the general public regarding film, filmmaking, documentaries and other media, and through workshops, training programs, networking, grants and a variety of other means. See Schedule O for continuation

to promote assistance, charity, and education among the general public regarding film, filmmaking, documentaries and other media, and through workshops, training programs, networking, grants and a variety of other means, and to increase diversity in the filmmaking community and in the culture by promoting and training a more varied group of new filmmakers and other shapers of American culture, giving expression and an outlet to their multiple viewpoints and opinions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,358$206,597▲ $198,239
Accounts Receivable-$22,500-
Savings and Temporary Cash Investments$1,058$22,107▲ $21,049
Prepaid Expenses and Deferred Charges$3,828$5,521▲ $1,693
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$13,244$256,725▲ $243,481
Other Assets Total-$0-
Liabilities
Deferred Revenue-$294,900-
Accounts Payable and Accrued Expenses$2,159$41,941▲ $39,782
Total Liabilities$2,159$336,841▲ $334,682
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$93,017-
Unrestricted Net Assets$11,085$-173,133▼ $184,218
Total Net Assets Fund Balance$11,085$-80,116▼ $91,201
Total Liabilities and Net Assets / Fund Balance$13,244$256,725▲ $243,481
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Taylor MesseriFundraising CoordinatorFT$43,120$43,120
Matthew EdwardsProgram DirectorFT$41,250$41,250
Patrick ReasonoverPresidentFT$20,000$20,000
Victoria HillProgram CoordinatorPT$10,000$10,000

Board Members and Trustees

NameTitle
Frazer RiceVice President
Makr BowerSecretary
Matthew ParkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$513,380
Program Service Revenue
$34,000
Investment Income
$49
Other Revenue
$0
All Other Contributions
$513,380
Change in Net Assets
$-91,201
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$434,729
Salaries, Compensation, and Employee Benefits$193,954
Total Fundraising Expense$109,618
Professional Fundraising Fees$9,947
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$75,370$39,000-$114,370
Fees for Services Other$92,413--$92,413
Travel$58,194-$9,522$67,716
Other Salaries and Wages-$7,923$39,575$47,498
Payroll Taxes-$32,086-$32,086
Advertising$4,639$22,219-$26,858
Conferences and Meetings$24,459-$54$24,513
Fees for Services Legal-$13,470-$13,470
All Other Expenses$4,850$1,410$4,538$10,798
Fees for Services Professional Fundraising--$9,947$9,947
Other Expenses$8,000-$37,746$8,000
Information Technology-$1,798$5,779$7,577
Office Expenses$750$3,471$2,457$6,678
Insurance$5,997--$5,997
Fees for Services Management-$3,348-$3,348
Occupancy-$300-$300
Total Functional Expenses$403,987$125,025$109,618$638,630
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$9,947
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Taliesin Nexus
EIN
27-4737588
Address
3328 Oakhurst Avenue 204, Los Angeles, CA 90034

Signing Officer

Name
Patrick Reasonover
Title
CEO
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Reasonover
Formed
2010
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
John Wall
Address
7915 Lake Manassas Drive Ste 303, Gainesville, VA 20155
Preparer
Patrick J Summers
Phone
5712482860
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IRS990/Desc0Apollo Filmmakers: 24 talented young filmmakers attended our workshop and improved their knowledge and understanding of the film business and worked collaboratively to develop their creative projects. - Calliope Writing: 17 talented young fiction writing authors received one on one feedback from professional published authors. They also gain a better understanding of the publishing industry and what it takes to be a successful author. - Liberty Lab for Filmmaking: 30 filmmakers participated in a film lab in which they got hands-on experience making films exploring American values and social good. - Lights, Camera, Liberty: 20 other nonprofits received storytelling training and production equipment training to help them improve their communications capabilities to reach audiences with their charitable cause. - MFA Scholarship: One student received a scholarship to help assist financially in her attendance at an MFA program. - Nexpressions: Over 200 people came to see the films produced in the film lab in Los Angeles. Additional screenings took place in San Francisco and New York. - Odysseus: Eleven young filmmakers were placed in internships at production companies to help them better understand the industry and gain valuable experience. They also completed a written curricula. - Smash Culture: Many young writers and Taliesin Nexus alumni had their work published through this online venue in 2016.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/USAddress/AddressLine1Txt03328 Oakhurst Avenue 204
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Patrick Reasonover
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15

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